PAETEC tag
14 result(s) displayed for PAETEC (1 - 14 of 14):
Mergers Cost Jobs
In the wake of AT&T getting caught misleading the federal agencies about the benefits of its merger with T-Mobile (FCC report here), we see that the merger of PAETEC and Windstream has already resulted in job losses.Windstream cuts 58 jobs...
So PAETEC is in the WIND
A majority of PAETEC shareholders voted yes to Windstream’s offer. It looks like Level3 and EarthLink won’t be grabbing Paetec. There are other CLEC’s to grab, especially Icahn’s XO that just let 400 employees go.Meanwhile, Network Billing Systems (NBS), “a...
Will Paetec End up in the Wind
PAETEC has a bid on the table from Windstream for a stock swap. The board of PAETEC will vote on it at the end of October. Some shareholders are so not happy with the bid value that lawyers and analysts...
The Panel of 5
How does an agent distinguish between five CLEC's if the channel heads of those five companies spend much of an hour saying, "I agree" and "What she said". That's what happened at the carrier executive panel at the Microcorp One-on-One...
A Strange Way to Start Monday
The party might be over at the PAETEC, as they announced today an $891M stock only sale to WINDSTREAM. USLEC, AllWorx, CavTel, McLeodUSA, Quagga, Xeta, US Energy Partners - all acquired by PAETEC to create a billion dollar CLEC. As...
Two More Acquisitions
According to a letter to PAETEC employees, “Earlier today, we announced plans to acquire XETA Technologies, Inc. which will dramatically expand our capabilities to serve customers with unique, equipment-based solutions nationwide. XETA is very similar to Quagga (or what we...
3 New Acquisitions
PAETEC subsidiary Paetec Software Corporation, bought Formula Telecom Solutions Inc. for $13 million in cash, according to this release. PAETEC is just buying the billing platform it has used for over ten years. Makes sense. And $13M for a BSS...
My Take on Stocks
So “BroadSoft Inc.(BSFT) shares climbed 43% after the voice-enabling software company reported third-quarter earnings that exceeded estimates,” according to MarketWatch. Total revenue increased 22% year-to-year to $22.3 million; up 13% from the second quarter of 2010. License revenue increased 27%...
Paetec acquiring Cavalier
PAETEC announced that it is merging with Cavalier Telephone this morning. The transaction is worth about $796M if I read between the lines correctly - $336M in debt and $460M in financing. So PAETEC gets about $800M in additional revenue...
Really: PAETEC Sells Fixed Wireless
While surfing, I came across this page from PAETEC about how it sells Fixed Wireless services. Fixed Wireless is not cellular. It's using radios and spectrun (mainly unlicensed spectrum) to connect a customer premise to the Internet or to another...
The Energy Game
Did you know that as an agent you can broker energy? Paetec is plugging agents into the energy business - after it purchased an energy broker. I know a couple of agents that have been in the energy business for...
Paetec Owns Some Wireless
Telecom Ramblings pointed out that Paetec owns a fixed wireless operations. According to the Paetec 2Q08 earnings transcript: "we acquired MPX Wireless towards the end of 2007. They were a Rochester based company that we had done several private projects...
tidbits
Why tidbits? There is just SOOO much going on right now that I can not keep up.You probably read about all the telecom layoffs, right? Especially the 12,000 that AT&T let go. But PAETEC and Level3 also had layoffs of...
The Billion $ Big Deal
Over at isp-bw, we spent an evening discussing XO's future. With Icahn as the owner of 60% of the stock, 90% of the debt, and 6 board seats, he has the company and any minor shareholder over the barrel. R2...
